ESAF Small Finance Bank has appointed Karthikeyan Manickam as its new Chairman. With over 36 years of experience in public sector banking, Karthikeyan brings a wealth of expertise to the role. He previously served as Executive Director of Bank of India, where he was part of the top management team and played a key role in shaping policies and strategies across various portfolios. His areas of expertise include banking operations, risk management, regulatory compliance, human resources management, and financial inclusion.
As Chairman of ESAF Small Finance Bank, Karthikeyan will provide strategic guidance and independent oversight to the Board. His primary focus will be on promoting inclusive banking, improving asset quality, ensuring regulatory compliance, and driving sustainable growth. He will also prioritize delivering high standards of customer service, which will help to reinforce stakeholder confidence in the Bank.
Karthikeyan’s experience in public sector banking is extensive, having held senior leadership positions at Indian Bank and served on the boards of several other financial institutions, including Tamil Nadu Grama Bank and BOI STAR Investment Managers Pvt. Ltd. He was also the Chairman of Star Union Dai-ichi Life Insurance Company Limited (SUD Life). His expertise in risk management, credit monitoring, and recovery will be particularly valuable to ESAF Small Finance Bank as it navigates an increasingly dynamic financial environment.
The appointment of Karthikeyan as Chairman is expected to support the Bank’s continued growth and development. His leadership will help to drive the Bank’s mission of promoting financial inclusion and delivering high-quality customer service. With his extensive experience and expertise, Karthikeyan is well-positioned to guide the Bank towards achieving its strategic objectives and reinforcing its position in the financial services sector. Overall, the appointment of Karthikeyan as Chairman of ESAF Small Finance Bank is a significant development that is expected to have a positive impact on the Bank’s future growth and success.